Maezawa Industries Balance Sheet Health
Financial Health criteria checks 6/6
Maezawa Industries has a total shareholder equity of ¥27.9B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ¥41.1B and ¥13.3B respectively. Maezawa Industries's EBIT is ¥4.9B making its interest coverage ratio -52.4. It has cash and short-term investments of ¥10.5B.
Key information
8.0%
Debt to equity ratio
JP¥2.23b
Debt
| Interest coverage ratio | -52.4x |
| Cash | JP¥10.50b |
| Equity | JP¥27.90b |
| Total liabilities | JP¥13.25b |
| Total assets | JP¥41.15b |
Recent financial health updates
Recent updates
Maezawa Industries, Inc.'s (TSE:6489) Shares Not Telling The Full Story
Aug 12
Maezawa Industries (TSE:6489) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Jul 18Is Maezawa Industries (TSE:6489) Using Too Much Debt?
Jul 12The Return Trends At Maezawa Industries (TSE:6489) Look Promising
Mar 06Financial Position Analysis
Short Term Liabilities: 6489's short term assets (¥29.3B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 6489's short term assets (¥29.3B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6489 has more cash than its total debt.
Reducing Debt: 6489's debt to equity ratio has reduced from 17.2% to 8% over the past 5 years.
Debt Coverage: 6489's debt is well covered by operating cash flow (34.3%).
Interest Coverage: 6489 earns more interest than it pays, so coverage of interest payments is not a concern.